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Long weekend rant


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Posted

Outstanding, Hip-Cat.

 

Maybe sound-tracked to the beginning of Pink Floyd's "Dogs"

 

I wanna be a Minister of the Just Think Positive Infinite Inflation Religion.

 

I'll tour the country setting up revival tents and make the debt rise from its deflationary grave.

 

Outstanding.

 

Stay groovy,

 

Jimi

Posted

"and that's....the rest of the story", as Paul Harvey would say

 

nicely done, Hyper

 

one minor constructive criticism - newer readers would probably greatly benefit if you hyphenated many of the monikers you use. Elsewise it can be tough to make out the meaning of some of your sentences. It's easy for me since I am familiar with all the concepts. Someone who is not as familiar might get the wrong impression or just think you are nuts (I think we've seen this play out several times already around here, eh?). Example: "floating exchange rate debt backed by debt fractional reserve system" can be confusing as hell if you have never read it before and don't know where the proper emphasis should be placed on which words...it might jump off the page better if written as: "floating-exchange-rate, debt-backed-by-debt fractional reserve system" or some such. You get the idea.

Posted

Good show!

 

Still think we will try to go down that hyper-inflationary road, even if at the end of that road are flaming tar pits. But that is not a sure bet - because an 'unexpected' event such as an energy crisis, internet failure, political scandal or some kind of terrorist activity like a sustained power blackout in key areas may prevent consumers from physically or pychologically taking on new debt.

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